See the various changes expected in 2023 for domiciliary account holders in Nigeria

  • There could be changes in how Nigerians use their domiciliary accounts and forex management in 2023
  • The Central Bank of Nigeria Monetary Policy Committee members have suggested various reforms
  • The changes suggested according to the MPC members will help save Naira from further depreciation

The Central Bank of Nigeria could be making changes in how Nigerians operate domiciliary accounts in 2023.

Members of the Monetary Policy Committee (MPC), at the last meeting for 2022, called for bold reform of the foreign exchange market.